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The third in 2022, on abolishing the defence opt-out, took place on 1 June 2022 with 66.9% voting yes, and 33.1% voting no. As a result, as of November 2022, Denmark has had three opt-outs: the euro opt-out, the policing-justice opt-out, and the citizenship opt-out, of which the last has been superfluous since the Amsterdam Treaty in 1997. [2]
Denmark uses the krone as its currency and does not use the euro, having negotiated the right to opt out from participation under the Maastricht Treaty of 1992. In 2000, the government held a referendum on introducing the euro, which was defeated with 53.2% voting no and 46.8% voting yes.
The opt-out from the JHA policy area was originally obtained by Ireland and the United Kingdom in a protocol to the Treaty of Amsterdam of 1997, and was retained by both in the Treaty of Lisbon. [4] In contrast, Denmark has a more rigid opt-out from the area of freedom, security and justice.
Speculation followed about other countries, such as Italy, withdrawing from the Eurozone as well, [5] with economist Nouriel Roubini submitting in 2011 that "Italy may, like other periphery countries [of the Eurozone], need to exit the euro and go back to a national currency, thus triggering an effective break-up of the Eurozone." [5]
Denmark uses the krone as its currency and does not use the euro, having negotiated an opt-out from participation under the Edinburgh Agreement in 1992. In 2000, the government held a referendum on introducing the euro, which was defeated with 46.8% voting yes and 53.2% voting no.
The abolition of the euro opt-out was put to a referendum in 2000 and was rejected. The opt-out from the CSDP, also known as the "defence opt-out", originally meant Denmark would not be obliged to join the Western European Union (which originally handled the defence tasks of the EU). The abolition of the defence opt-out was put to a referendum ...
A referendum on the abolition of the defence opt-out, one of the country's opt-outs from the European Union, was held in Denmark on 1 June 2022. [1] [2] [a] The referendum was announced on 6 March 2022 following a broad multi-party defence agreement reached during the 2022 Russian invasion of Ukraine. [3]
Denmark obtained a special opt-out in the original Maastricht Treaty, and thus is legally exempt from joining the eurozone unless its government decides otherwise, either by parliamentary vote or referendum. The United Kingdom likewise had an opt-out prior to withdrawing from the EU in 2020.